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Hilton

  • Posts: 5572
Just imagine all the £25.00 jobs you could do to get to that..  ;D

What does this mean above exactly?

None of your post changes the fact that it doesn't matter what you earn.   It is the amount of net profit you have left after all expenses that count!  Whether you operate from home or a multi million pound premises doesn't change my underlying point of fact!  Does it?

Kev
I fail to see what point you are trying to make.
What carpet cleaner do you know is ever going to 1m in sales and then 900+ in overheads , your post is not relevant at all.
BUT if I were to have 1m in business I would be very pleased indeed AND if it did have those overheads I would strip out the costs and be very happy indeed with my annual return.
It's a very silly example to use though.
(The £25 bit you would understand if you read the entire thread)

Hilton

  • Posts: 5572
£75k / 52 weeks =£1442 PW  / 5 Days =£288  = 11 Hours work a day 5 days a week and no Holiday...no Ta.
Holidays and weekends have been taken into account in the example .....I thought that was obvious

Carpet Dawg

  • Posts: 2968
Hilton has dug himself a hole  ;D  it seems to be his party trick.  ;D

Thing is those lower priced customers will always be low priced customers. Your going to have a miss mash of a business. 

What happens when Mr Smith (high end) finds out you do also do half price work depending on which days you book or price by area or which car they have in the drive.

wayne zabel

  • Posts: 1082
At the end of the day 90%  of CC just want to make a decent wage at the end of the week.We are not all trying to run ICI,for younger members ICI was one of the biggest companies in the UK in the 70's ;D ;D

Hilton

  • Posts: 5572
Hilton has dug himself a hole  ;D  it seems to be his party trick.  ;D

Thing is those lower priced customers will always be low priced customers. Your going to have a miss mash of a business. 

What happens when Mr Smith (high end) finds out you do also do half price work depending on which days you book or price by area or which car they have in the drive.

All business's have a miss mash of customers you are deluding yourself if you think otherwise and plenty of people work on a post code basis in all  manner business's, you can not be that naive to think otherwise.

How  many business's out there operate senior citizen discounts or veteran discounts, I knew a very successful CC who used to to offer a discount Monday ,once a month the last Monday was discounted mainly on area cleans the lower value customers(but not just them) used to pile in and he cherry picked what he wanted to do, all based around his monthly targets, worked a treat for him.

So where's this hole  ;)
 
By the way, what exactly would Mrs Smith be finding out about ?

neil 47

  • Posts: 1345
Hilton

Your  hole lies in time . As time in a week is limited .

So if you set £1000 for the week and get £700 for weds then fill your week with cheaper jobs then it is likely that is what you will always get. If I have a day off I do my website work or cut the grass .

You haven't accounted for self development , I would rather do two days at £200 and nothing the rest than work for less which I do regular and guess what something else turns up or I save some money by doing other jobs that needed doing
IICRC

Robin Ray

I don't get this....

If a job comes in I go and survey it and give a price that reflects the amount of work which needs doing and the amount of money I need it to bring in. I have a pricing structure which allows me to earn what i need off of each type of work. Does it matter what it is? Its all work. Some times big jobs come from small jobs and small jobs come from big jobs. A standard approach to pricing work is fair and doesn't surprise any one except for price shoppers, and they are not worth the energy trying to please.  To have a sustainable long term business I don't think you can completely rule out any size of job or have double standards on pricing. Every time you lower the price to try to gain a contract you are digging the business further in to a premature grave. In my opinion of course.